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for the sec. "if confirmed by the senate, i look forward to using all of my energies working with my fellow commissioners and the extremely dedicated and talented men and women on the staff of the sec." white is a former u.s. attorney and defense lawyer for white- collar crimes on wall street. she famously took down mob boss john gotti. "she's a bit of an unknown on wall street. we know she's a tough prosecutor and she's never been in any kind of financial services job. the sec is more than just prosecuting bad people, it's also a regulatory body, about writing regulations, so i think wall street is going to take a wait- and-see attitude." that was james bianco of bianco research. the president also wants richard cordray to continue his role in leading up the consumer financial protection bureau. legislation that would dramatically change america's gun laws is now on the table. lawmakers have unveiled the assault weapons ban of 2013, a bill that would prohibit assault weapons and high- capacity ammunition magazines. if passed, the bill would also require background checks for the purchase o
well three weeks into the new year--investment in energy infrastructure, such as pipeline extensions and transmission lines. a vote today on the hill could buy time for lawmakers. house republicans are planning a vote, authorizing a 3 month extension of the debt limit. it pushes off the gop's battle for spending cuts tied to raising the debt limit. president obama is calling for a "clean" debt limit increase, because it pays for bills the u.s. has already racked up. meanwhile, house speaker john boehner says he wants the house and senate to pass a budget in the near term that includes severe cuts to social programs. without a budget, boehner says lawmakers should not receive pay checks. president obama wants a balanced budget. the senate is expected to approve aid for states devastated by superstorm sandy. senators will vote on a $50 billion dollar bill today. last week, congress said yes to the funding... but not without no votes. the majority of republican house members voted against the bill.. calling it too expensive and saying it should come with spending cuts. january 4th,
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